Flowserve Past Earnings Performance
Past criteria checks 4/6
Flowserve has been growing earnings at an average annual rate of 14.7%, while the Machinery industry saw earnings growing at 32.6% annually. Revenues have been declining at an average rate of 1.7% per year. Flowserve's return on equity is 12.9%, and it has net margins of 6.1%.
Key information
14.7%
Earnings growth rate
14.8%
EPS growth rate
Machinery Industry Growth | 12.9% |
Revenue growth rate | -1.7% |
Return on equity | 12.9% |
Net Margin | 6.1% |
Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Flowserve makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 23 | 3,774 | 231 | 764 | 40 |
31 Dec 22 | 3,615 | 189 | 741 | 40 |
30 Sep 22 | 3,496 | 84 | 760 | 34 |
30 Jun 22 | 3,489 | 95 | 744 | 34 |
31 Mar 22 | 3,505 | 96 | 760 | 34 |
31 Dec 21 | 3,541 | 126 | 747 | 34 |
30 Sep 21 | 3,607 | 165 | 744 | 36 |
30 Jun 21 | 3,665 | 172 | 746 | 36 |
31 Mar 21 | 3,692 | 132 | 729 | 36 |
31 Dec 20 | 3,728 | 130 | 830 | 36 |
30 Sep 20 | 3,811 | 147 | 795 | 42 |
30 Jun 20 | 3,882 | 151 | 823 | 42 |
31 Mar 20 | 3,943 | 194 | 853 | 42 |
31 Dec 19 | 3,940 | 239 | 852 | 42 |
30 Sep 19 | 3,858 | 229 | 837 | 40 |
30 Jun 19 | 3,815 | 198 | 828 | 40 |
31 Mar 19 | 3,803 | 162 | 831 | 40 |
31 Dec 18 | 3,836 | 105 | 891 | 40 |
30 Sep 18 | 3,880 | -49 | 847 | 39 |
30 Jun 18 | 3,811 | -30 | 837 | 39 |
31 Mar 18 | 3,714 | -1 | 821 | 39 |
31 Dec 17 | 3,661 | 3 | 843 | 39 |
30 Sep 17 | 3,698 | 169 | 801 | 43 |
30 Jun 17 | 3,760 | 105 | 871 | 43 |
31 Mar 17 | 3,911 | 118 | 883 | 43 |
31 Dec 16 | 3,990 | 132 | 931 | 43 |
30 Sep 16 | 4,204 | 135 | 921 | 46 |
30 Jun 16 | 4,355 | 244 | 869 | 46 |
31 Mar 16 | 4,489 | 265 | 880 | 46 |
31 Dec 15 | 4,558 | 258 | 927 | 46 |
30 Sep 15 | 4,655 | 355 | 896 | 41 |
30 Jun 15 | 4,762 | 390 | 903 | 41 |
31 Mar 15 | 4,824 | 439 | 915 | 41 |
31 Dec 14 | 4,878 | 513 | 909 | 41 |
30 Sep 14 | 4,886 | 501 | 909 | 38 |
30 Jun 14 | 4,911 | 499 | 911 | 38 |
31 Mar 14 | 4,926 | 495 | 908 | 38 |
31 Dec 13 | 4,955 | 486 | 918 | 38 |
30 Sep 13 | 4,893 | 486 | 916 | 39 |
30 Jun 13 | 4,830 | 466 | 933 | 39 |
31 Mar 13 | 4,773 | 453 | 906 | 39 |
31 Dec 12 | 4,751 | 448 | 883 | 39 |
30 Sep 12 | 4,689 | 432 | 881 | 35 |
30 Jun 12 | 4,644 | 433 | 859 | 35 |
Quality Earnings: FLS * has a large one-off loss of $56.5M impacting its last 12 months of financial results to 31st March, 2023.
Growing Profit Margin: FLS *'s current net profit margins (6.1%) are higher than last year (2.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FLS * has become profitable over the past 5 years, growing earnings by 14.7% per year.
Accelerating Growth: FLS *'s earnings growth over the past year (140.8%) exceeds its 5-year average (14.7% per year).
Earnings vs Industry: FLS * earnings growth over the past year (140.8%) exceeded the Machinery industry -3.8%.
Return on Equity
High ROE: FLS *'s Return on Equity (12.9%) is considered low.